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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
3-May-16BarclaysDowngradeOverweightEqual Weight
17-Sep-15Wells FargoInitiatedMarket Perform
4-Sep-15Robert W. BairdInitiatedOutperform
8-Apr-15BarclaysUpgradeEqual WeightOverweight
14-Jul-14BarclaysDowngradeOverweightEqual Weight
4-Jun-14Gabelli & CoInitiatedBuy
10-Jan-14FBR CapitalInitiatedOutperform
10-Nov-11Barclays CapitalInitiatedEqual Weight
18-Feb-11UBSInitiatedBuy
12-Feb-09ArgusDowngradeHoldSell
31-Mar-08Robert W. BairdUpgradeNeutralOutperform
18-Oct-07Calyon SecuritiesInitiatedNeutral
20-Feb-07Credit SuisseUpgradeUnderperformNeutral
5-Sep-06KeyBanc Capital Mkts / McDonaldUpgradeUnderweightHold
11-Apr-06SoleilInitiatedHold
20-Jan-06Lehman BrothersDowngradeOverweightUnderweight
17-Jan-06KeyBanc Capital Mkts / McDonaldDowngradeHoldUnderweight
12-Jan-06CSFBDowngradeOutperformNeutral
20-Dec-05CitigroupInitiatedHold
9-Nov-05PrudentialDowngradeOverweightNeutral
17-Aug-05PrudentialUpgradeNeutralOverweight
9-Aug-05Deutsche SecuritiesDowngradeBuyHold
14-Jul-05Lehman BrothersUpgradeUnderweightOverweight
17-Jun-05KeyBanc Capital Mkts / McDonaldDowngradeBuyHold
1-Jun-05JP MorganUpgradeUnderweightNeutral
26-May-05Deutsche SecuritiesUpgradeHoldBuy
19-May-05KeyBanc Capital Mkts / McDonaldUpgradeHoldBuy
23-Mar-05Robert W. BairdUpgradeUnderperformNeutral
11-Mar-05PrudentialUpgradeUnderweightNeutral
3-Jan-05Robert W. BairdDowngradeNeutralUnderperform
15-Oct-04Lehman BrothersDowngradeEqual-weightUnderweight
15-Sep-04Morgan StanleyDowngradeOverweightEqual-weight
13-Sep-04Deutsche SecuritiesUpgradeSellHold
10-Sep-04CSFBDowngradeOutperformUnderperform
23-Jul-04Banc of America SecDowngradeBuyNeutral
14-May-04UBSInitiatedNeutral
4-May-04Thomas WeiselInitiatedPeer Perform
30-Jan-04Goldman SachsDowngradeIn-LineUnderperform
12-Jan-04Lehman BrothersUpgradeUnderweightEqual-weight
9-Jan-04CSFBUpgradeNeutralOutperform
5-Jan-04Goldman SachsDowngradeOutperformIn-Line
5-Jan-04Banc of America SecUpgradeNeutralBuy
18-Dec-03Banc of America SecUpgradeSellNeutral
26-Nov-03Goldman SachsUpgradeIn-LineOutperform
18-Nov-03CSFBUpgradeUnderperformNeutral
21-Oct-03UBSDowngradeNeutralReduce
30-Sep-03Bear StearnsInitiatedPeer Perform
16-May-03PrudentialDowngradeHoldSell
6-Mar-03Goldman SachsUpgradeUnderperformIn-Line
5-Mar-03Robert W. BairdDowngradeOutperformNeutral
4-Mar-03Deutsche SecuritiesDowngradeHoldSell
5-Nov-02UBS WarburgInitiatedReduce
8-Oct-02CSFBDowngradeNeutralUnderperform
13-Sep-02Robert W. BairdInitiatedOutperform
28-Jun-02Deutsche SecuritiesInitiatedMkt Perform
27-Jun-02Goldman SachsDowngradeTrading BuyMkt Perform
14-Jun-02Goldman SachsUpgradeMkt PerformTrading Buy
12-Mar-02Dresdner Klnwrt WassUpgradeHoldBuy
29-Nov-01McDonald InvstInitiatedBuy
25-Sep-01Lehman BrothersDowngradeBuyMkt Perform
21-Sep-01Bear StearnsInitiatedNeutral
20-Aug-01JP MorganDowngradeLT BuyMkt Perform
6-Aug-01JP MorganUpgradeMkt PerformLT Buy
23-Jul-01Goldman SachsUpgradeMkt PerformMkt Outperform
29-Jun-01ABN AMROInitiatedHold
20-Feb-01Wasserstein PerellaUpgradeHoldBuy
16-Jan-01Banc of America SecDowngradeBuyMkt Perform
15-Jan-01AG EdwardsInitiatedAccumulate
12-Jan-01AG EdwardsInitiatedAccumulate
19-Dec-00UBS WarburgInitiatedHold
13-Dec-00Merrill LynchDowngradeNT AccumNT Neutral
7-Dec-00JP MorganDowngradeLT BuyMkt Perform
7-Dec-00CSFBDowngradeBuyHold
6-Dec-00Goldman SachsDowngradeRecomm ListMkt Perform
27-Oct-00Banc of America SecInitiatedBuy
25-Oct-00JP MorganInitiatedLT Buy
12-Oct-00CSFBInitiatedBuy
11-Oct-00Wasserstein PerellaInitiatedBuy
14-Sep-00PrudentialInitiatedHold
13-Sep-00Salomon Smth BrnyInitiatedOutperform
8-Sep-00Lehman BrothersInitiatedOutperform
10-Aug-00UBS WarburgInitiatedBuy
9-Aug-00Merrill LynchInitiatedNT Accum/LT Accum
20-Jul-00Bear StearnsInitiatedAttractive $22
11-Jul-00CSFBInitiatedBuy
7-Jul-00Deutsche Bc Alex. BrInitiatedMkt Perform
6-Jul-00Goldman SachsInitiatedRecommended List
29-Jun-00DLJInitiatedBuy
27-Jun-00Mrgn Stnly Dn WttrInitiatedStrong Buy
12-Mar-99Schroder & CoDowngradeOutperformPerform In Line
12-Mar-99JC BradfordDowngradeBuyNeutral
11-Feb-99Merrill LynchInitiatedNT/LT Neutral
23-Oct-98Schroder & CoUpgradePerform In LineOutperform
21-Oct-98JP MorganDowngradeLT BuyMkt Perform
29-Jul-98JP MorganDowngradeBuyLT Buy
16-Jul-98Goldman SachsDowngradeMkt OutperformerMkt Performer
19-Jun-98Goldman SachsInitiatedMkt Outperformer
18-Jun-98Merrill LynchDowngradeLong-term BuyLong-term Accumulate
5-Jun-98Schroder & CoDowngradeOutperformPerform In Line
4-Jun-98BT Alex. BrownDowngradeStrong BuyBuy

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